| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $40M | $34M | -20.8% | -6.1% |
| Op. Income | -$25M | -$13M | -$8M | -93.1% | -211.7% |
| Gross Margin | -78.2% | -32.2% | -20.6% | -46.0pp | -57.5pp |
| Net Margin | -132.3% | -40.0% | -13.0% | -92.3pp | -119.4pp |
| EPS (Diluted) | $-0.83 | $-0.34 | $-0.09 | -144.8% | -822.1% |
| Free Cash Flow | -$35M | -$28M | -$27M | -25.1% | -28.6% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $56M |
| GROSS PROFIT | -$25M |
| R&D Expenses | $56M |
| Selling & Marketing | $625.3K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | -$7M |
| Operating Expenses | $57M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$25M |
| Interest Income | $2M |
| Interest Expense | $18M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $107.7K |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $1M |
| EBIT | -$25M |
| EBITDA | -$24M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $168.6K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $447.3K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$22.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $413M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | $361M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $372.4K |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $98M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $108M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $191M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $197M |
| TOTAL LIABILITIES | $351M |
| Common Stock | $273M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $43.3K |
| Net Debt | -$1.5B |
